$100,000
$125,000
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7 Baths
9,583 Sqft Lot
SOLD DATE : 09/22/2023
Key Details
Sold Price $100,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Reed City
MLS Listing ID 21118374
Sold Date 09/22/23
Full Baths 7
Originating Board Michigan Regional Information Center (MichRIC)
Annual Tax Amount $6,335
Tax Year 2021
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Do you want to be a part of Reed City's desirable downtown business opportunities? Or are you simply looking for investment opportunities to build your portfolio?
This 8,569 sq ft commercial building offers 4 storefronts and 3 apartments that are all fully leased. Reed City is the Crossroads of 2 major highways where thousands of cars pass within 1/2 mile of downtown Reed City everyday! Reed City is also the Crossroads of 2 major Rails-To-Trails systems. The Pere Marquette Trail and the White Pine Trail hosts hundreds of bikers who ride in summer and 1000's of snowmobilers ride the trails in the winter. Seller has aggressively priced these properties below appraised value to attract a quick sale. Now is the time to take this opportunity to be a part of Reed City's growing community!
Location
State MI
County Osceola
Area West Central - W
Direction US-10 Reed City, S on Chestnut, W on Upton, properties are on south side of road
Interior
Fireplaces Number 3
Exterior
Utilities Available Telephone, Cable Connected, Public Water, Public Sewer, Broadband, Natural Gas Connected, Electricity Available, Natural Gas Available
Waterfront No
View Y/N No
Roof Type Composition, Rubber
Street Surface Paved
Building
Foundation Other, Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick, Concrete, Wood Siding
New Construction No
Schools
School District Reed City
Others
Tax ID 675211600120
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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